XRP has recently experienced a seismic price drop, one we have not seen since August. A massive price wick, as shown on the chart, liquidated millions of dollars worth of derivatives in less than an hour. This unexpected plunge has effectively erased the steady accumulation phase that XRP had been undergoing, catching traders off guard and disrupting numerous trading portfolios.
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XRP has recently experienced a seismic price drop, one we have not seen since August. A massive price wick, as shown on the chart, liquidated millions of dollars worth of derivatives in less than an hour. This unexpected plunge has effectively erased the steady accumulation phase that XRP had been undergoing, catching traders off guard and disrupting numerous trading portfolios.
credit : Utoday